Thomas Edwin Siering

Cargill, Inc. engages in the provision of food, agricultural, financial, and industrial products and services. It specializes in food service, agriculture, meat and poultry, transportation, pharmaceutical ingredients, and beauty products. The company was founded by William Wallace Cargill in 1865 and is headquartered in Minneapolis, MN.

Merced Capital LP is a privately-held, SEC-registered investment advisor and hedge fund manager headquartered in Minnetonka, Minnesota. The firm was founded as EBF & Associates in 1988 by three executives from Cargill's Financial Markets Department. The firm provides investment advisory services to privately offered pooled investment vehicles. Investors in the clients include public and private pension funds, foundations, endowment funds, funds of funds, high net worth individuals and family offices.

Part of Merced Capital LP, Merced Partners LP acts as a private equity fund. The private company is based in St. Paul, MN.

Silver Bay Realty Trust Corp. engages in the acquisition, renovation, leasing, and management of single-family properties for rental income and long-term capital appreciation. It owns single-family properties in Arizona, California, Florida, Georgia, Nevada, North Carolina, Ohio, South Carolina, and Texas. The company was founded in June 2012 and is headquartered in Plymouth, MN.

National Association of Real Estate Investment Trusts, Inc. is an American company that provides an array of industry data prepared by NAREIT staff and other outside sources. The non-profit company is based in Washington. The company specializes in REITs, or real estate investment trusts, which are companies that own or finance income-producing real estate across a range of property sectors. Most REITs trade on major stock exchanges, and they offer a number of benefits to investors. Steven A. Wechsler has been the CEO of the company since 1997.

Two Harbors Asset I LLC (THA) is an asset management firm headquartered in Minnetonka, Minnesota. The firm is a subsidiary of Two Harbors Investment Corp. (NYSE: TWO). THA provides investment advisory services to individuals and institutional clients.